Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
Administrative fraud classification suspension does not halt independent criminal investigation or warrant-based searches into alleged economic offenc...
Recovery of dues - Petitioner’s (bank) right as a Financial Creditor is superior to the rights under the Customs Act, 1962 or not - The High court examines the provisions of Section 142A of the Customs Act and Section 35 of the SARFAESI Act to determine the legality of the letter from the DRI. It concludes that the actions initiated by the petitioner under the SARFAESI Act cannot be impeded by the letter from DRI.
Recovery of dues - Petitioner’s (bank) right as a Financial Creditor is superior to the rights under the Customs Act, 1962 or not - The High court examines the provisions of Section 142A of the Customs Act and Section 35 of the SARFAESI Act to determine the legality of the letter from the DRI. It concludes that the actions initiated by the petitioner under the SARFAESI Act cannot be impeded by the letter from DRI.
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